Savant Capital LLC boosted its position in Marathon Petroleum Corporation (NYSE:MPC) by 6.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,366 shares of the oil and gas producer's stock after selling 44,603 shares during the period. Apg Asset Mgmt Nv has 0.04% invested in Marathon Oil Corporation (NYSE:MRO) for 1.15M shares.
While looking at the Stock's Performance, Marathon Oil Corporation now shows a Weekly Performance of -0.16%, where Monthly Performance is -12.75%, Quarterly performance is -19.02%, 6 Months performance is -31.21% and yearly performance percentage is -1.18%. Wealthfront Inc. increased its position in Marathon Petroleum Corporation by 7.1% in the fourth quarter. Finally, Norges Bank bought a new position in shares of Marathon Petroleum Corporation during the fourth quarter worth approximately $280,303,000. FTB Advisors Inc. boosted its position in shares of Marathon Petroleum Corporation by 484.9% in the first quarter. Tarbox Group Inc. boosted its position in shares of Marathon Petroleum Corporation by 1.5% in the first quarter. FMR LLC now owns 16,906,524 shares of the oil and gas producer's stock worth $292,651,000 after buying an additional 636,780 shares during the period. Hedge funds and other institutional investors own 79.96% of the company's stock.
Marathon Oil Corporation (MRO) will report its next earnings on May 04 AMC. 361,556 shares of the stock traded hands. Marathon Oil Corporation has a 1-year low of $12.04 and a 1-year high of $19.28. The share price has moved backward from its 20 days moving average, trading at a distance of -5.26% and stays -13.03% away from its 50 days moving average.
Marathon Petroleum Corporation (NYSE:MPC) has a current ERP5 Rank of 5909. The oil and gas producer reported ($0.07) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.01. Marathon Petroleum Corporation had a net margin of 1.80% and a return on equity of 5.68%. During the same quarter in the prior year, the firm earned ($0.43) EPS. The firm's revenue for the quarter was up 88.1% compared to the same quarter a year ago. On average, analysts expect that Marathon Petroleum Corporation will post $2.97 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, June 12th. Robeco Institutional Asset Bv invested in 0.07% or 181,541 shares. This represents a $1.44 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend was Monday, May 15th. Marathon Oil Corporation P/E (price to earnings) ratio is 0 and Forward P/E ratio of 152.68.
TRADEMARK VIOLATION NOTICE: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another publication, it was copied illegally and republished in violation of US & global trademark & copyright legislation. The original version of this report can be viewed at https://www.thestockobserver.com/2017/06/19/hancock-holding-co-has-13-72-million-stake-in-marathon-petroleum-corporation-mpc-updated.html. Royal Bank Of Canada reissued a "buy" rating and set a $69.00 price objective on shares of Marathon Petroleum Corporation in a research report on Thursday, June 1st. Citigroup Inc. reaffirmed a "buy" rating and issued a $67.00 target price (down from $68.50) on shares of Marathon Petroleum Corporation in a report on Saturday, April 22nd.
BidaskClub upgraded shares of Marathon Oil Corporation (NYSE:MRO) from a strong sell rating to a sell rating in a report published on Wednesday. Finally, US Capital Advisors reaffirmed a "buy" rating on shares of Marathon Petroleum Corporation in a report on Monday, May 22nd. Marathon Petroleum Corporation has a consensus rating of "Buy" and an average target price of $58.50.
In other Marathon Petroleum Corporation news, VP C. Michael Palmer sold 4,000 shares of the business's stock in a transaction that occurred on Wednesday, May 24th.
During the 52-week trading session the minimum price at which share price traded, registered at $27.10 and reached to max level of $33.00. The company's Market capitalization is $252.36 Billion with the total Outstanding Shares of 8.68 billion. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Thomas M. Kelley sold 25,000 shares of the business's stock in a transaction on Wednesday, June 14th. The stock was sold at an average price of $54.33, for a total value of $1,358,250.00. The disclosure for this sale can be found here. Carlson Limited Partnership accumulated 1.39M shares or 0.84% of the stock.
Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, worldwide E&P and Oil Sands Mining.